LaFleur Minerals Advances Multi-Pronged Growth Strategy at Beacon Mill and Swanson Gold Project Amid Strong Gold Market
May 22nd, 2026 6:53 PM
By: Newsworthy Staff
LaFleur Minerals is progressing its restart of the Beacon Gold Mill and development of the Swanson Gold Project, leveraging strategic acquisitions and favorable gold prices to unlock value in the Abitibi greenstone belt.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is executing a multi-pronged growth strategy centered on restarting operations at its Beacon Gold Mill and advancing the Swanson Gold Project in Quebec’s Abitibi greenstone belt. The company’s efforts come during a period of heightened gold prices and volatile trading, with gold ranging from US$4,000 to US$5,400 per ounce in 2025.
CEO Paul Ténière highlighted the busy quarter, stating, “The last quarter has been an extremely busy time full of major developments for LaFleur and also a run in the price of gold.” The Abitibi greenstone belt, which has produced over 300 million ounces of gold historically and currently, provides a rich geological setting for LaFleur’s operations. The company has employed strategic acquisitions and experienced management to protect shareholder value through efficient financing, with the gold market’s recent prosperity increasing overall prospects.
A key component of the strategy is the Beacon Gold Mill, a fully permitted facility capable of processing over 750 tonnes per day. LaFleur is considering using the mill to process mineralized material from the Swanson Project and for custom milling for other nearby gold operations. The company has also been in talks with rail officials to improve transit between the Swanson Project and the mill, proposing a new rail spur extending directly from the existing rail line to the mill.
The Swanson Gold Project spans approximately 183 square kilometers and includes 445 mineral claims and one mining lease. Diamond drilling intercepts have shown significant results, including 2.05 g/t Au over 158.25 meters and narrow high-grade intervals such as 121.0 g/t Au over 1.1 meters. LaFleur anticipates the potential for additional open-pit gold recovery across the project’s length.
The company’s consolidation of a large land package along a major structural break hosts the Swanson, Bartec, and Jolin gold deposits, along with several other showings. The project is easily accessible by road, providing direct access to multiple nearby gold mills and enhancing its development potential.
For more details, readers can view the full article at https://ibn.fm/jWhke. Additional updates on LaFleur Minerals are available in the company’s newsroom at https://ibn.fm/LFLRF.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
